SOLUTION: My daughter is looking to buy a rare 1/2 cent coin. My husband says since it now costs $50 that it has increased in value by 10000 times. I disagree and say its a 5000% increase in
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Question 806797: My daughter is looking to buy a rare 1/2 cent coin. My husband says since it now costs $50 that it has increased in value by 10000 times. I disagree and say its a 5000% increase in value. A dinner rides on the answer. Found 2 solutions by richwmiller, Alan3354:Answer by richwmiller(17219) (Show Source):
You can put this solution on YOUR website! My daughter is looking to buy a rare 1/2 cent coin. My husband says since it now costs $50 that it has increased in value by 10000 times. I disagree and say its a 5000% increase in value. A dinner rides on the answer.
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$50 = 5000 cents
5000/0.5 = 10000 times
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It's an increase of 5000 - 0.5 = 4999.5
4999.5/0.5 = 9999 --> an increase of 999900%
